03 December 2010

PERU: Ex-Prez Toledo Promises "No Surprizes" To Foreign Miners.

BLOOMBERG/
    Recently announced presidential candidate Alejandro Toledo, 64, pledges there will be “no surprises” for foreign mining companies if he wins back his job in April elections. Toledo is tied for second-place with 20 percent in a poll taken last month.
   Peru has commitments for $41 billion in mining and energy investments over the next decade.
   Toledo was Peru's often unpopular president from 2001 to 2006 and encouraged raw materials extractions growth.